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RE: LeoThread 2025-11-12 19-16

in LeoFinance16 days ago

The Problem of Centralized Money
The current money system is controlled by central banks and governments.
This happened because old types of money, like gold, were too slow for a fast, modern world.
When the telegraph was invented in the 1860s, information could move instantly, but moving gold still took days.
To fix this gap, countries made centralized ledgers (like banks and central banks) that everyone had to trust.
This system gave the government and bankers a lot of power.